NEW AGE METALS INC (NAM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NAM - CA64157G2009 - Common Stock
We assign a technical rating of 10 out of 10 to NAM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NAM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, NAM did better than 96% of all other stocks. On top of that, NAM also shows a nice and consistent pattern of rising prices.
- NAM is part of the Metals & Mining industry. There are 817 other stocks in this industry. NAM outperforms 89% of them.
- NAM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NAM is lagging the market slightly.
- In the last month NAM has a been trading in the 0.39 - 0.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NAM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.27
4 important support areas can be observed.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.35 from a trend line in the daily time frame.
- Support @0.31 from a trend line in the weekly time frame.
- Support @0.27 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NAM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NAM.CA is up. |
| ChartMill Relative Strength | 96.28 | POSITIVE | NAM.CA has a high relative strength, it outperformed 96.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NAM.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NAM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NAM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.28 | NEUTRAL | The RSI value for NAM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NAM.CA has a negative trend. |
| Stochastics (14,3) | 51.43 | NEUTRAL | The Stochastics value for NAM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.33 | HIGH VOLATILITY | The high ATR as a percentage value for NAM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.98 | NEGATIVE | The low ADX value for NAM.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.49 | 0.44 | 0.05 (10.75%) | 9.30% |
| An entry @0.49. This is a Buy Stop order right above the 10 day moving average. | An exit @0.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.05 points, which is 10.75%. | When investing 9.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of NAM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:NAM (1/21/2026, 7:00:00 PM)
0.455
-0.01 (-1.09%)
NEW AGE METALS INC / NAM.CA FAQ
What is the ChartMill technical rating of NEW AGE METALS INC (NAM.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to NAM.CA.
What is the current trend direction of NEW AGE METALS INC (NAM.CA) stock?
The current trend direction for NEW AGE METALS INC (NAM.CA) is Bullish.
What is the RSI signal for NEW AGE METALS INC (NAM.CA) stock?
NEW AGE METALS INC (NAM.CA) has an RSI value of 50.2806. This indicates that the stock is currently neutral.
What is the short term momentum for NEW AGE METALS INC (NAM.CA) stock?
The short term momentum for NEW AGE METALS INC (NAM.CA) is positive.
What are the support and resistance levels for NEW AGE METALS INC (NAM.CA) stock?
NEW AGE METALS INC (NAM.CA) has a support level at 0.45. Check the full technical report for our detailed analysis of NAM.CA support and resistance levels.